The development of Hampton Pointe Manor is partially financed through a $10.35 million loan provided by Houston-based Davis Penn Mortgage Co. The loan is insured by the Department of Housing and Urban Development’s Section 232 program, which has been overhauled during the past 18 months to expedite the loan application and approval process.
Section 232 insures mortgage loans to facilitate the
Hampton Pointe Manor is part of Hampton Pointe, a 17-acre,
The assisted living and Alzheimer’s care facility under development will be situated on 3.42 acres of the mixed-use development and will feature private dining facilities, an arts and crafts center, a special events venue, library, lounge, and a beauty salon and barber shop. The developers emphasize that they have preserved many of the trees on the site in order to create a tranquil outdoor environment for residents to enjoy.
The structure also will include an access-controlled memory-care wing, featuring a private courtyard and dedicated full-time staff. Specialty services provided to residents will include transportation, a full-time concierge and activities coordinator, resort-quality food service, wellness programs, weekly linen, housekeeping and laundry service, and assistance as needed with activities of daily living.